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Tardy public spending will hinder post-pandemic economic recovery

  A section of road running through Tân An City (Long An Province) of Hồ Chí Minh City-Trung Lương Expressway, part of the North-South Expressway. — VNA/VNS Photo  By Linh Anh HÀ NỘI — The COVID-19 health crisis and the resulting economic downturn has thrown a spanner in the works of already tardy public spending, hindering Việt Nam’s […]


Cooperative in Hưng Yên to ship logan to Europe

  Logan of Quyết Thắng co-operative. The co-operative will be the first of its kind in the northern province of Hưng Yên to ship a batch containing 30 tonnes of fresh longan to Europe. — VNA/VNS Photo Đinh Tuấn HƯNG YÊN — Quyết Thắng cooperative will be the first of its kind in the northern province […]


Bắc Giang helps enterprises to restore production

A view of the Quang Châu Industrial Zone in Bắc Giang Province. — VNA/VNS Photo Danh Lam BẮC GIANG — Bắc Giang Province’s People’s Committee has just issued a plan to support businesses in the local industrial parks to restore production. Accordingly, the People’s Committee will welcome workers who have signed labour contracts back to work; […]


Exporters, hit by pandemic, turn to domestic market

  A seafood export business displays its products to domestic consumers. — Photo nld.com.vn HCM CITY — The Vietnamese market with a population of nearly 100 million is attracting both foreign and local food suppliers, with many local exporters turning to the domestic market to overcome this difficult COVID-19 period. With the pandemic affecting exports and […]


La Gàn Offshore Wind Power Project ready to start geological survey

  A wind farm in Bình Thuận. Under the contract, PetroVietnam Technical Services Corporation (PTSC) and Fugro Singapore Ltd are engaged as sub-contractors to collect soil and rock samples deep under the seabed. — Photo vietnamplus.vn HÀ NỘI — La Gàn Wind Power Development Corporation  signed an offshore geological survey contract of undisclosed value with Vietsovpetro, […]


Market bounces back as risk appetite returns

VPBank’s employees wearing masks during transaction hours. The bank shares jumped more than 4 per cent yesterday, supporting the market’s rally trend. — Photo courtesy VPBank HÀ NỘI — The market reversed course in Thursday afternoon’s trade as investors’ risk appetite returned to bank and material stocks.  On the Hồ Chí Minh Stock Exchange (HoSE), the market benchmark […]


Vietnam Airlines to raise over $346 million through share issuance

Vietnam Airlines planes at Đà Nẵng airport. VNS/VNA Photo Huy Hùng HÀ NỘI — At the General Meeting of shareholders held on Wednesday morning, Vietnam Airlines JSC (HVN) approved a plan of raising VNĐ8 trillion (US$346.2 million) through share issuance.  The issuance rate is 56.4 per cent.  These shares are common stocks and shareholders can […]


Criteria for evaluating Vietnamese business culture announced

  The first set of criteria for Vietnamese business culture is announced in Hà Nội on Wednesday. — Photo sggp.vn HÀ NỘI — A set of criteria for evaluating Vietnamese business culture was announced on Wednesday in Hà Nội by the Việt Nam Association for the Business Cultural Development. “The set is the first set of […]


HCM City businesses not meeting COVID-prevention measures to shut down

  A street near Thị Nghè Market area in Bình Thạnh District is empty on the first day of a 15-day lockdown in HCM City. VNS Photo Bồ Xuân Hiệp HCM CITY — All businesses in HCM City that do not meet COVID-prevention measures need to shut down from Thursday amid the worsening pandemic situation. Dương Anh Đức, vice […]


New Zealand exporters donate fruits to show appreciation for VN COVID warriors

  New Zealand fruits being gifted to patients and staff at eight hospitals and healthcare centres in HCM City. — Photo Courtesy of New Zealand Embassy HCM CITY — Six of New Zealand’s largest fresh produce exporters have gifted 9.3 tonnes of fruits to patients and staff at six hospitals and two healthcare centres in HCM […]


Businesses strive to maintain production amid lockdown in HCM City

  Workers at the Alta Group live temporarily in tents to ensure safety while maintaining production. Photo tuoitre.vn   Workers at medical equipment manufacturer Nipro Vietnam at Sai Gon Hi-Tech Park undergo COVID-19 testing. Photo amp.vnexpress.net HCM CITY – When HCM City went into lockdown under Government Directive 16 on July 9, many businesses and manufacturers prepared plans to set up temporary […]


Shares subdued due to strong selling force

  A Techcombank (TCB) branch. TCB lost 5.4 per cent on Wednesday. — Photo courtesy of the bank HÀ NỘI — Shares fell on Wednesday as strong selling pressure hampered the growth of banking stocks. On the Hồ Chí Minh Stock Exchange (HoSE), the benchmark VN-Index lost 1.36 per cent to close at 1,279.91 points. It had risen 0.1 per […]


Conference to promote Hưng Yên’s farm produce

  Farmers harvest longan in the northern province of Hưng Yên.  — VNA/VNS Photo Hoàng Hiếu HÀ NỘI — The largest-ever international conference to promote longan and other agricultural products from Hưng Yên will be held in the northern province on Thursday. Hosted by the Ministry of Industry and Trade and the provincial People’s Committee, the conference will […]


New decision on classifying SOEs aims for better efficency management

    Deputy Minister of Planning and Investment Trần Duy Đông Deputy Prime Minister Lê Minh Khái has recently signed Decision No 22/2021-QĐ-TTg on the criteria for classifying wholly state-owned enterprises (SOEs) and SOEs undergoing restructuring in 2021-25. The decision, taking force from August 19, 2021, stipulates the State shall hold 100 per cent of charter […]


Capital city to promote consumption of husbandry products

  A chicken farm in Sóc Sơn District, Hà Nội. The capital city aims to establish chains and improve product quality to promote the sustainable development of the husbandry industry. — Photo hpa.hanoi.gov.vn HÀ NỘI — Hà Nội is working to promote the consumption of husbandry products alongside improving product quality amid the goods circulation problems the COVID-19 […]


Việt Nam, Australia forge economic ties, towards sustainable recovery post pandemic

  Head of the Party Central Committee’s Economic Commission Trần Tuấn Anh (right) received Australian Minister of Trade, Tourism and Investment Dan Tehan on Tuesday. — VNA/VNS Photo Phương Hoa HÀ NỘI – Việt Nam and Australia should work to soon finalise and sign their Enhanced Economic Engagement Strategy this year, to aid a sustainable post pandemic […]


Vietcombank takes out top spot in Vietnam Report annual rankings

  Vietcombank is one among the Vietnam Report’s ranking of the  top 10 prestige banks in Việt Nam. — VNA/VNS Photo HÀ NỘI — Vietcombank has taken out the top slot in Vietnam Report’s Top 10 Vietnamese Commercial Banks of 2021 ending months of speculation. The rankings, announced on Tuesday, saw banks from all over Việt Nam […]


Seaport development on the horizon

  A container ship anchored at Tân Cảng Cái Mép – Thị Vải Terminal. T — VNA/VNS Photo Huỳnh Ngọc Sơn HÀ NỘI — The development of seaports is to be prioritised over the next three decades to meet increasing demand in shipping services, according to Nguyễn Xuân Sang, director of Vietnam Maritime Administration under the […]


Miss Eco Vietnam held for the first time

  Photos of two contestants of Miss Eco Vietnam 2021 that is held for the first time. — Photo nhandan.vn HÀ NỘI — An online photo contest seeking to spread a positive message of environmental protection for the wider community has kicked off the first Miss Eco Vietnam pageant. Officially licensed by the People’s Committee of HCM […]